I want to add the following. I'm an IT professional. In the course of my professional duties, I'm expected to…
CSC To Acquire First Consulting Group
Computer Sciences Corporation announced this morning that it will acquire First Consulting Group for $365 million in cash, subject to shareholder and regulatory approval.
“By taking this step, we have notably accelerated our healthcare business plan and advanced toward our goal of transforming healthcare through the use of information technology,” said Russ Owen, president of CSC’s Americas Commercial Group. “The CSC-First Consulting Group combination reinforces our commitment to bring innovative solutions to healthcare payer, provider and life sciences clients and offers increased flexibility in our global healthcare service delivery capability.”
I guess between their government business, defense work, and now health care, they figure they can control the majority of the GDP in the country. Aggressive strategy for an organization focused on backroom data center outsourcing, system integration, and limited health care BPR. FCG was the last of the large pure play consulting firms from my viewpoint.
Finally. I wonder if CSC will get rid of the dead wood. Not much there to buy.